INVENTORIES

12 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 5 — INVENTORIES

As of March 31, 2024 and 2023, Orion's inventory balances were as follows (dollars in thousands):

	Inventories
As of March 31, 2024
Raw materials and components	$	7,219
Work in process		267
Finished goods		10,760
Total	$	18,246
As of March 31, 2023
Raw materials and components	$	8,894
Work in process		558
Finished goods		8,753
Total	$	18,205

Costs associated with the procurement and warehousing of inventories, such as inbound freight charges and purchasing and receiving costs, are also included in cost of product revenue.